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Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...
Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, announced today that the Fed will be raising rates by 25 basis points, to a range of 0.50 to 0.75%. Follow BI Video ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve kept its benchmark interest ...
Normally the Federal Reserve makes a profit from its balance sheet, but with higher interest rates it is now in the red. WSJ explains how the Federal Reserve makes money, what it does with it ...
The Federal Reserve's fight against inflation just got more complicated as President Donald Trump's tariffs could push up ...
The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting ...
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